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The importance of availability of comparable real income aggregates and their components to applied economic research is highlighted by the popularity of the Penn World Tables. Any methodology designed to achieve such a task requires the combination of data from several sources. The first is...
Persistent link: https://www.econbiz.de/10009448713
The Australian demand for domestically-produced sawn timber is investigated by considering its major use - as an input into residential construction. Using a cost function approach, a system of equations is derived expressing quantities demanded in terms of relative prices. Cross-price...
Persistent link: https://www.econbiz.de/10005525563
Simple functions of random variables, such as sums, products, quotients and powers, arise in many applications in stochastic economics. It is sometimes convenient to determine the moments of such functions. Cases where this has been or can be done analytically are reviewed, and comments offered...
Persistent link: https://www.econbiz.de/10005480379
In this study, meat consumption and socio-demographic data from the 1990, 1993 and 1996 SUSENAS Household Food Expenditure and Consumption Surveys were employed to estimate the demand for meats in Indonesia. The provinces of DKI Jakarta and West Java were chosen as the areas of study because of...
Persistent link: https://www.econbiz.de/10010913194
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The University of Queensland International Comparison Database (UQICD) has been created as a part of the research project on developing an econometric approach to the construction of consistent panels of purchasing power parities (PPPs), real gross domestic product (GDP) and real incomes. The...
Persistent link: https://www.econbiz.de/10010938576
In this paper, we consider the problem of estimating general and commodity-specific inflation rates by the stochastic approach considered in Clements and Izan (1987) and Selvanathan (1989). In order to achieve identification of commodity-specific rates, a linear constraint usually is imposed,...
Persistent link: https://www.econbiz.de/10005041432
Meat consumption and socio-demographic data from the 1990, 1993 and 1996 SUSENAS Household Food Expenditure and Consumption Surveys were employed to estimate the demand for meats in Indonesia. The focus was on the Provinces of DKI Jakarta and West Java where about one-fourth of the Indonesian...
Persistent link: https://www.econbiz.de/10005803001